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IMF: Africa's economic growth surging south of the Sahara

Date Published:

04/18/2013

Summary:

The much-heralded African economic boom is set to go from strength to strength, analysts have predicted, although worries remain over governments' failure to tackle poverty and inequality. Growth south of the Sahara will surge to 6.1% next year, well ahead of the global average of 4%, the International Monetary Fund (IMF) said this week. (..) Instability in the Central African Republic, Mali and Togo, the financial crisis in Europe and volatility in food prices are other potential stumbling blocks.